How to Start a Motorcycle Dealership

If you admire motorcycles and are looking forward to starting your own business venture, a motorcycle dealership might be the thing for you. Regardless of whether you want to deal in spare parts or run a full-fledged dealership, a vital part of achieving success in such a business is the ability to relate to the bike subculture and appreciate the beauty of the machines you sell.

Like any other business, selling bikes require obtaining permits and selecting the ideal space to set up the business. First things first, set up a detailed plan for your motorcycle dealership business. The plan helps you fix your business goals and the measures to be taken to achieve them. The business plan also helps you to review everything at one go such as your proposition, marketing assumptions, operational plan, financial plan and staffing plan. A detailed business plan also becomes a baseline for monitoring your progress, often the business plan is required in order to apply for financing.

To run a good motorcycle dealership, you need to know everything about these machines. Do a detailed research about all makes and models of bikes, their problems and how they differ from each other. You would also need to survey the market in order to appeal investors for financing.

The next step is to find a location. Try to establish your dealership at a busy road or junction with plenty of space for the motorcycles. You should contact Melbourne property lawyers to take care of issuing all the permits of the property and license for your motorcycle dealership. Contrary to car dealership owners, you may not want to showcase your bikes in the parking area. Since the condition of the motorbikes can deteriorate outside, you should only keep bikes outside for short periods when weather permits.

Calculate the total start up cost of your business. A number of factors influence this analysis, such as the location, size and nature of your business. According to the experts, if you want to open a small motorcycle business, it is advisable to arrange for an amount between $20,000 and $50,000 from a financial institution. In case you want to start a motorcycle dealership with multiple brands, the cost is bound to go up.

Next, obtain the necessary licensing, permits and insurance to establish a dealership for selling motorcycles. Depending on your area you may need a general business permit as well as a license to run your motorcycle dealership. You need to fill in a lot of application forms such as vehicle dealer’s license form, the surety bond of vehicles, zoning approval form, power of attorney, proof of worker’s compensation coverage, trader’s license, business registration letter and a lot of different certification forms.

Contact the manufacturer of the brand you wish to sell. Discuss the warranty options, shipping fees and bills of sale regarding customs. Do a survey and inquire about each manufacturer’s requirements, their minimum purchasing orders and necessary liquidity. Also, check the floor space you need for the bikes and how much more may be required for additional brands.

To venture into motorcycle dealership business you need to determine the factors given above.

img

Proper maintenance – the key to a joyful bike ride

Putting resources into a racing motorbike is similar to making a high maintenance relationship. However, benefits of owning a racing bike outweigh the cost incurred in purchasing and maintaining it. Dissimilar to the present-day cars, which can run in top condition for miles without requiring any major maintenance work, racing bikes entail continuous maintenance. If you are a racing bike enthusiast, who is considering purchasing a sports bike, it is advisable for you to get well versed with the type of maintenance different bikes require to keep them working in peak condition.

Here are some useful maintenance tips that will enable you to enjoy riding your racing bike without the hassle of malfunctioning or low performing parts.

 Engine oil, undoubtedly, assumes an essential role in the smooth functioning and upkeep of your motorbike. Consistently inspect the motor oil level (usually after 5000-6000 km. depending on the model and make of the bike) and maintain an optimum level. Keep a close vigil on any conceivable oil spillages, big or small, as they can be detrimental to your engine’s health.

 Carbon deposits cause the oil to thicken, which consequently hampers the performance of engine internals. Running your bike on unclean oil is bound to adversely affect its fuel efficiency, thereby drastically diminishing the engine life by a considerable measure.

Maintenance of the brake pads is as crucial as the maintenance of the engine oil, if not more. They are literally responsible for your safety on road and worn out brake pads may result in unwanted incidents. Therefore, for a completely safe bike experience, it is prudent to get the brake pads evaluated on an annual basis. Additionally, keep the brakes holding the tyre suitably spaced. If the break becomes too tight, or too loose, it adds to the risk factor of riding a bike. Always keep your individual requirements and comfort in mind while getting the brakes adjusted.

It won’t be wrong to say that cables are one of the most important bike components that underpin the majority of the controls on your bike. Throttle and clutch chains along with the front brake line entail thorough cleaning and lubrication on a consistent basis.

Besides the aforementioned tips, it is also advisable to check the tyres, battery and the sprockets at regular intervals. That is precisely where an authorised and reputable bike service station comes into the picture. These bike garages use the services of companies that provide labour hire in Melbourne to recruit top bike technicians and experts with detailed knowledge about different sports bikes.

To sum up, proper maintenance is the only way to extend the lifespan of your racing bike and enjoy a wonderful experience each time you take out your motorbike for a ride.